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20130228
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. >> in germany, chancellor angela merkel is looking at the possibility of perhaps having to reshuffle her cabinet. after a university committee withdrew the doctoral title from, of all people, the country's education minister after finding she had plagiarized her thesis. >> commentators are comparing this to the transportation minister being caught drunk driving or the finance minister hiding cash in monaco. for now, though, the chancellor is giving her support. >> the german cabinet is full of doctors. the finance minister, the foreign affairs minister, the economy minister and vice chancellor, and, of course, the chancellor herself, dr. angela merkel. it is an unfortunate twist of fate that the education minister, of all people, is to be stripped of her doctorate. she got the news in south africa. >> i will not accept the decision by the university of dusseldorf, and i will challenge it in court. now that i am is involved in a legal battle with the university, i must ask for understanding that i cannot comment further on the matter today. >> after an investigation lasting months, the university
causing a controversy ahead of elections due to come up this september. angela merkel's government has presented plans to slow the rise. >> the plan involves limiting the surcharge consumers paid to support the expansion of renewable energy like wind and solar, but that could prove controversial. >> renewals like wind and solar now account for a quarter of the electricity produced in germany, but going green costs money. now the government plans to cap electricity costs both by cutting green energy subsidies and scrapping special allowances for industries that use large amounts of energy. >> we all know that price is not the only issue in germany's energy transition, but it is an important issue that has lots of people worried, so we have to give some answers. >> the government wants to keep prices stable by canceling a planned 2 billion euros increase to a green energy subsidy paid by consumers, but first, they have to convince opposition parties to go along with it. >> we cannot allow them to put the brakes on expanding renewable energy. we want to meet the goals we have set for clim
corruption allegations and has won praise from german chancellor angela merkel for his handling of the economic crisis. he has imposed a harsh austerity measures and lowered borrowing costs, but the spanish economy is continuing to contract. >> the german chancellor warmly welcome the spanish premier, a change of pace for the prime minister facing the problems at home. he traveled to berlin wristbands that the. ever deeper into-- he traveled to berlin with spain even deeper into the concession. >> i reiterated once again that we're full of respect for the reforms implemented in spain. >> he touted his government's financial policies pointed out that as a spending has been reduced and ailing financial institutions have been restructured. he predicts the reforms will reflected in unemployment numbers and he intends to finish the job. >> as i already said saturday, i am just as courageous, convinced, strong, and determined as i was when i took office to solve the worst spanish crisis in 30 years. >> both governments are desperate to bring the crisis under control. they want to exce
>> italian collections turning into a cliffhanger. >> angela merkel close to angola. >> at the oscars, ben aflac's i ran in conflict, "argo" takes home the prize for best picture. captioned by the national captioning institute --www.ncicap.org-- >> it looks like it will come down to the wire in italy where the latest election results appear to be pointing towards political gridlock. this poll is crucial as they are deciding who will lead them to the debt crisis. >> the votes are still being counted, but it looks like the central left is neck-and-neck with the central right, led by former leader burlesconi. the outcome could decide whether austerity is in or out. early predictions givingpier luigi bersani a clear lead in the lower house of caller meant. -- of parliament. as most likely partner is outgoing prime minister, mario monti, the architect of an austerity program popular with the international world. he may have been upstaged, but they currently have a slim lead in the upper house of parliament. a further muddying the picture, his tirades against the political
minister and chancellor angela merkel, we heard a lot of talk about that possible free-trade agreement between the eu and the u.s. we heard john kerry in your report just they're talking about jobs, jobs, jobs. there appears to be a great deal of economic pressure on both sides of the atlantic driving some motivation toward a possible free trade deal, but again, there were other foreign policy issues, including afghanistan and, particularly, syria on the agenda. >> what about this free trade deal? >> there is talk right now of actually getting negotiations going formally sometime this coming summer. within two years, that is the time frame they are talking about, officials right now, of having some sort of deal in place, but there are huge hurdles on the way. there's been talk of a free- trade agreement for a long time. many people thought it would be dead. it appears to be revived with great economic pressure to get it going. >> thank you very much for that. >> last year, the white house announced a big strategic shift, what it calls it pivot to asia, as a response to the rise of chin
, political stability. >> earlier, we spoke with a foreign policy spokesman, one of angela merkel christian democrats, and we asked about what international security had to do with energy policy. >> country and a new chance for them because they would be a major decrease of the prices for energy in america. because of the shale gas and crude oil debate, this would change the geopolitical situation also in the middle east because not any longer setting arabia will be the field station for america. maybe this will change in 10 or 15 years. this is part of this conference. m staying with the energy sector, a u.s. oil giant, exxon mobil's, has posted 2012 earnings just shy of $45 billion. yes, that was billion. the second highest ever for a publicly held company, despite slight declines in its oil and gas business, the company improve its bottom line by about 6% compared to 2011. strong performance from exxon's refinery division helped drive the growth. the $45 billion mark is just a couple hundred million dollars shy of the all-time record set back in 2008 by -- you guessed it -- exxon. better
clearly divided, german chancellor angela merkel was keen to play down the differences and talk up the prospects of reaching agreement. >> the starting positions are quite far apart. but speaking for germany, i say we will do everything we can to come to an agreement. because in times of uncertainty and high unemployment, it is essential for people to be able to plan their future. >> it is about politics, not just numbers. the trick will be to find a deal that allows each of the 27 national leaders to claim victory when they return home, and members of the european parliament have warned that if the budget makes too many cuts, they may veto the whole package. >> will there be a deal this time around? for more on the budget summit, let's go now live to brussels and our correspondent. the start of this conference has been put off. what is happening? >> let's be clear. the official start of the conference has been put off, but really, there has been tough bargaining going on behind the scenes since this afternoon. especially great britain seems to be a tough nut to crack, and there do
originally proposed. >> german chancellor angela merkel went into the talks saying she was confident the agreement would be reached. in the end, the 27 member states came up with a compromise that even british prime minister david cameron welcomed as a good deal for britain >> it is perhaps nobody's perfect budget, but there is a lot in it for everybody. obviously, you can look at the end result through many, many prisons. from the overall european perspective, i want to emphasize that the budget is future- oriented. it is realistic. it is driven by pressing concerns. >> the total budget ceiling over the next seven years has been tapped at about 960 billion euros. it is the first-ever net reduction. reaching a unanimous agreement between all of the eu's member countries was a difficult task. >> it is not easy reach an agreement between 27 different countries, but we've managed it, so we are now confident and positive going into negotiations with the european parliament. we know it will not be easy, but we are all agreed that what is important is that we have taken a great stride towa
in a series of missteps from peer steinbrueck, since he was named candidate to challenge angela merkel. >> those remarks lead many to ask if he is the best candidate for the job. this is the comment that so offended the italian president. >> to a certain extent, i am appalled at kid -- that two clowns have one -- won. one is a professional clown who will not be offended by this term, mr. grillo, and the other is definitely a clown with extra testosterone. >> let's get more on this from simon young in our parliamentary studios. how much of a liability is he becoming for his party and his campaign? >> he can become a liability if the voters believe that talk like this is a sign of poor judgment rather than just straight talking. peer steinbrueck has tried to relaunch his campaign after a faltering start last year, when he made comments, suggesting that the pay for the chancellorship should be increased at a time when a lot of public servants are facing pay freezes. the thinking is he might be able to get away with, like this as an opposition politician, but as chancellor if he became cha
Search Results 0 to 8 of about 9